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Golden visa in Bali

Golden visa in Bali

Golden visa for foreign investors in Indonesia is a type of long-term visa intended for foreign nationals who invest in Indonesia.

This visa provides access to legal residence for up to 10 years as well as ease in immigration matters. Lister, this article will help you understand the requirements, benefits, and registration process for golden visas for investors in Indonesia.

Use of Golden Visa for Indonesian Foreign Investors

Golden visa for investors is used as the basis for granting long-term residence permits, with a validity period of 5 to 10 years. This visa is given to foreign nationals who wish to invest in Indonesia either as individuals, company owners, prospective directors, or representatives of foreign companies.

The main objective of this policy is to encourage quality investment and support national economic growth. Foreign investors who open companies or branch offices in Indonesia can apply for a golden visa with a certain investment value.

The application process is carried out online through the evisa.imigrasi.go.id website. Applicants must upload documents such as passports, passport photos, and investment commitment letters. For investment in the Indonesian Capital City (IKN), the government provides special facilities. For example, the minimum investment value is reduced to US$5 million for a 5-year stay and US$10 million for a 10-year stay.

In addition, companies that open branches in IKN are also exempted from turnover requirements as in other regions. The E28F indexed golden visa provides flexibility for investors to enter and reside in Indonesia legally, without additional residence permit processes. This is ideal for global entrepreneurs who want to make Indonesia a business base in Southeast Asia.

Golden Visa Requirements for Investors

To apply for a golden visa, you must meet the requirements based on the type of investment.

The requirements are divided into several investor groups: individuals who establish a company, individuals who do not establish a company, prospective directors/commissioners, and representatives of foreign companies.

Category

Visa Duration

Investment Requirements

Individual investors who establish a company

5 years

Minimum investment of US$2.500.000

 

10 years

Minimum investment of US$5.000.000

Individual investors without establishing a company

5 years

Placement of funds  US$350.000 through:

Indonesian government bonds

Shares of Indonesian public companies

Mutual funds or deposits

 

10 years

Placement of funds US$700,000 through the same instrument

Candidates for directors or commissioners in Indonesia

5 years

Minimum investment in the company where they work US$25,000,000

 

10 years

Minimum investment in the company where they work US$50.000.000

Representatives of overseas parent companies

Maximum 1 person per compan

Additional documents that need to be prepared include a passport with a minimum validity of 6 months, a recent photo, and an investment commitment letter.

The verification process will be carried out by immigration, and the visa will only be issued after the documents are declared complete and valid.

Benefits of the Golden Visa for Investors

The golden visa offers many benefits for foreign investors, both in terms of legality of stay and administrative convenience.

a. Longer Stay Period

The stay period granted is much longer than other types of visas, up to 10 years without the need for regular extensions. This is certainly beneficial for investors who have long-term plans in Indonesia.

b. Priority lane at immigration services

Golden visa holders get a priority inspection lane at the airport and immigration services. This includes priority services at the Immigration Office and is free from the need to obtain recommendations from other ministries/institutions such as BKPM.

c. Ease of mobility in Indonesia

The golden visa helps you organize your business mobility more flexibly. You can enter and exit Indonesia without having to apply for a new visa every time, as long as the golden visa is still valid.

This is perfect for those of you who want to actively monitor projects or business expansion from abroad.

d. Increase credibility as an investor

In addition, the golden visa also increases your credibility as an investor recognized by the state. The government only grants this visa to parties who are seriously committed to investing.

Indirectly, you also participate in driving Indonesia's economic growth, including in strategic areas such as the IKN.

Golden Visa Registration Fees and Process

The cost of a golden visa varies depending on the visa period and type of stay permit. The following are the details based on the Regulation of the Minister of Finance Number 82 of 2023:

  • 5-year visit visa: IDR 10 million
  • 10-year visit visa: IDR 15 million
  • 5-year limited stay permit (ITAS): IDR 7 million
  • 10-year ITAS: IDR 12 million
  • 5-year re-entry permit: IDR 3.5 million
  • 10-year re-entry permit: IDR 5 million
  • Visa verification: IDR 1 million to IDR 8 million depending on the category

Application steps:

  1. Access the evisa.imigrasi.go.id site and create an account.
  2. Upload documents such as passport, photo, and investment commitment letter.
  3. Make payment online.
  4. Wait for verification from immigration.
  5. If approved, the visa and residence permit will be sent digitally.
  6. After entering Indonesia, bring proof of investment and report to the immigration office to collect the physical ITAS.

 

Make sure you apply for a visa at least 2-3 weeks before your planned departure. This digital process is designed to make it easier for quality investors to enter Indonesia quickly and efficiently.

Golden Visa for Investors: Legality and Ease of Doing Business in Indonesia

The golden visa for investors is a form of the government's commitment to welcoming quality foreign investment. This program paves the way for you to legally live in Indonesia for a long period of time.

With an easy digital process, flexible stay, and priority service, this visa is perfect for entrepreneurs who want to expand into the Indonesian market. Both in big cities and strategic areas such as the IKN, the golden visa provides real convenience.

You not only get a residence permit, but also recognition as a strategic economic partner. And most importantly, you can focus on developing your business without being bothered by repetitive administrative matters.

Lister is here to help you understand every stage of this visa process. From document preparation to business communication training, you can access everything flexibly.

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